Keyword: earnings

While Arrogate is fueling the massive earnings of Baffert and Smith, they have teamed to win grade 1 races this year with Abel Tasman and Mor Spirit. Smith also rides champion Songbird; Baffert has multiple graded stakes winner Vale Dori.

Continued growth in the week leading up to the Kentucky Derby Presented by Yum! Brands (gr. I) fueled an increase in earnings for the racing segment of Churchill Downs Inc. in the second quarter of 2016.

Triple Crown and Breeders' Cup Classic winner American Pharoah established a single season record for earnings in 2015 while his owner, Zayat Stables LLC, finished the year as the leading owner by earnings.

Churchill Downs Inc. reported a 19% increase in net earnings for the third quarter of 2015 compared with the same three months last year, and attributed a 61% spike in net revenue for the quarter to Big Fish Games.

Looking at the six U.S. races this year that the Road to the Kentucky Derby awards 100 points to the winner, four were won by favorites. Of the six races, International Star delivered the largest win payout at $6.60...

Harness trainer Ron Burke's record-setting year continued the evening of Dec. 12 when he broke Todd Pletcher's North American record for purses won by a trainer. Pletcher held the mark of $28,116,097 set in 2007.

Churchill Downs Inc. reported Oct. 29 record adjusted earnings for the third quarter for the racetrack and casino owner. Third quarter adjusted earnings (EBITDA) reached $32.2 million, up 1% from last year's third quarter.

With continued success in its gaming and online operations and the Kentucky Derby presented by Yum! Brands (gr. I) week, along with a steady year in racing, Churchill Downs Inc. reports record net revenues in 2013.

Youbet.com reported a small loss for the first three months of 2010, noting there would have been a similar gain if not for $1 million in expenses tied to its impending merger with Churchill Downs Inc.

MTR Gaming Group, which cut jobs and corporate expenses in the past year, released improved financial results for the second quarter of 2009 and said it's poised for growth in Ohio, where racetrack video lottery terminals have been authorized.

Churchill Downs Inc. released its second-quarter results after the close of the stock market July 29, with a slight increase in earnings due to its advance deposit wagering system and slot-machine gaming.

Flush off a quarter in which it saw increased handle and profit, Youbet.com said May 13 it would look at possibly establishing a presence in another country in an effort to expand its wagering offerings beyond horse racing.

Magna Entertainment Corp. chairman Frank Stronach criticized certain hedge-fund investors for putting "unwarranted" pressure on the bankrupt racetrack company's parent entity, suggesting May 8 that those antagonists could start their own company if they didn't like what they saw.

MTR Gaming Group swung to a profit of $742,000 in the first quarter of the year, with officials vowing May 7 to continue to improve on current operations rather than seek other properties to add to the company's portfolio.

Despite growth in its online pari-mutuel wagering and Louisiana slots operations, the top executive of Churchill Downs Inc. said May 7 the company is not ignoring its racing properties, but needs legislative help to keep them viable entities.

Citing the absence of insurance payments received in 2008, Churchill Downs Inc. reported a net loss of $4.8 million in the first quarter of the year, but said a 12% increase in net revenues were attributed to strength in its Louisiana gaming business and on-line wagering operation.

One day after reporting Magna Entertainment Corp. would not release an annual report due to its ongoing bankruptcy proceedings, controlling shareholder MI Developments released data showing MEC posted its highest-ever annual loss in its brief history, though it's not exactly clear what the final tally is.